What is the BEST credit card processing company?For credit cards and electronic checks, (merchant services).?
So many companies out there who do you choose?
Simple Payment Systems is truly the absolute best for credit card and electronic check processing. The electronic check processes the check like a credit card. So if the check is deposited into your account ASAP from your business. If it is bad you know right away. I have done research for a long time. They give you free equipment, free training, free software- with a check out cart! (if you have a web site also that you want to sell items on.) They beat discount rate quotes that you give them too. They have 24 hour live help, which is handy. FDIC insured. Make sure you tell them you want the free program. We switched from another company over to them. And have never been happier. Go to their web site and call them or fill out the form and they can contact you. I did countless hours of research! Trust me they are the BEST.
Best wishes!
Spice-Electronics BUYER BEWARE!!!! SCAM AT WORK!!?
From my most current expierence with this company, tried to purchase something from them last month for my hubby. Once I told him he did some more research on the company and came across this message board on yahoo answers. He got a bad feeling and we IMMEDIATELY cancelled the card we used. A day later I tried to log into the web site and my whole account on the website was gone! If that doesn’t scream scam I don’t know what will. Now they’ve uped and vanished. Thank God nothing was charged to the account because we caught it on time. It was too good to be true. They never attempted to contact for resubmittance like other companies would do, and nothing was ever shipped even though they gave me a so called “recipt” and customer number. Could not reach them or e-mail after I cancelled the card. Go only with reputable companies who actually have ratings, merchant reviews, and customer feedback. Use like: mysimon.com, ubid.com, dealcatcher.com, nextag.com, & amazon.com to find deals. =)
Thank goodness you guys did further research and acted quickly.
Another reputable company is Liefde-Chance. They have great customer service and you will definitely get your items.
what are the competitive interest rates when you set up an offshore merchant account?
i’m working for a travel agency and my supervisor has assigned me to open an offshore merchant account.
The rate in the market would be ranging from 5%-8%. I suggested a range because your rates will actually depend on the type of business you are into and other several factors. Just to make sure that you get what you’ve bargained, contact a third party processor will be useful. They have coordination with foreign banks and will give the features that will suit your needs.
Offshore Merchant Accounts, Unsecured Small Business Loan – MerchantCashAdvance.Com
I’m doing a paper on merchant accounts for my economics class. any additional ideas will really be useful. Thanks!
Hi there!
Here’s what I was able to research myself, a volume cap is the maximum amount of tax-exempt private bonds that maybe issued during a calendar year. Most merchant accounts don’t limit the amount of processing.
Why do retailers have rules that counter act credit card companies rules?
why do companies ask for id’s , why do some stores charge surchages on credit and debit purchases and minimum and maximum purchase amounts
some credit card merchant account rules say that you cant do these things no matter and they state that all companies and governments must listen to there merchant rules,
my thing why even accept them if you cant follow their rules
like the surcharges companies charge to consumers so they dont have to pay the fee, if they couldnt afford the fee they shouldnt accept credit cards
just like people dont buy what you cant afford businesses should do the same, do accept what you cant afford
Asking for an id protects you. In this day and age of identity theft I do not understand why anyone gets upset when the store is only trying to keep someone from STEALING from you.
As for the rest it is because credit card processing is hugely expensive and getting worse all the time. We have had ZERO chargebacks in over 3 years yet my rates are going up, again!
Are e-commerce owners responsible for fraudulent orders placed on their online store. For instance, if a real cardholders files a charge back, is the business owner out of that money?
Anyone???!
Unfortunately, yes — online merchants are out of luck when fraudulent transactions are made on their website. You would think that online merchants are the victims here as well, but that’s how it goes.
If you are selling online and there is a fraudulent transaction, you:
- are out of the item if you have already sent the item to the scammer
- credit company takes out of your bank account the cost of the item; the money of which will be returned to the credit card holder
- worse, you get slapped with a chargeback fee which is typically around $20
And the really bad thing is that if you have a lot of chargebacks, you can even lose your merchant account.
So yes, the business owner is out of money. So as an online merchant you need to be EXTREMELY VIGILANT in terms of watching for fraudulent transactions. To help you sniff out fraudulent transactions:
- use software that could alert you of fraud such as Verisign
- make sure everything matches in the card: the address, zip code, telephone area code, IP address
- be on the lookout for huge transactions that want to be delivered to a PO Box
- or huge transactions that want to be shipped immediately
Merchant Account Credit Card Processing Added Feature In Shopping Carts
Does anyone know a good web hosting provider that support Cybersourse payment processor?
hello everyone…I already have a merchant account with cubersourse, but cant find a web hosting provider that support Cybersourse, Yahoo and MSN are not campatible, so I need to find a hostes provider ASAP… Thanks
http://www.getawebpage.net
That site lists some of the best web hosting companies in the business.
Has anybody recieved a monthly reciept from paypal? I have a pro merchant account and my paypal fees amount to £100′s each month, but I am not entering this expense in my accounts as I have never recieved a monthly invoice from Paypal. How many other people are in the same boat and paying tax on earnings that they have not made?
Paypal will probably not offer you a monthly invoice on paper. You can see their fees on the website.
Hi,
Our Organization is planing to host a in-house website.They developed with C#.Net with SQL as database.My Question is what are the softwares required for hosting the website that should support the below requirements.
1.ASP v3.0,.NetFramework1. 1,Access Database DSNs,PHP 4.3 Scripting,CGI Bin and SSI,MDAC 2.8,ADO 2.8,Microsoft XML 4.0 SP2,Site Builder Tool,Photo Album Creator,Express Site Creation,Custom Site Creation,Windows Media HTTP Streaming,Flash/Shockwave,Microsoft® FrontPage 2002,
ECOMMERCE FEATURES
Merchant Manager,Integrated Merchants Include,Papal, Secure Trading,World pay,Virtual SSL
EMAIL FEATURES
50 POP3/Email Accounts,SMTP/Outgoing Mail,Catch-All Email Account,Web Based Interface,Sit email,Unlimited Aliases/Forwarding,Auto Responders,1 FTP Account(s)
SECURITY FACILITIES
Firewall Protected
Please let me know the software’s that required that should support the above features. Thank you fro the help.
Windows Server 2000 – 2003 32-bit as you base sever. Comes with IIS 5 or IIS 6, which supports ASP 3.0
You can get the Zend / PHP engine for Windows directly from http://www.php.net
IIS natively supports SSI. Perl (which you probably mean when you say CGI) is available from http://www.perl.com as a 32-bit executable.
MDAC 2.8,ADO 2.8,Microsoft XML 4.0 SP2: All these are built-in to Windows Server 2000 – 2003 or can be downloaded directly from Microsoft.
Site Builder Tool,Photo Album Creator,Express Site Creation,Custom Site Creation — this software is up to you. There are a number of freeware apps out there such as Joomla, Gallery, etc.
Windows Media HTTP Streaming — this is built into Windows Server 2003 and is available as an add-on for Windows Server 2000. However, support for it is scant; you will pay a hefty price to a consultant to get this up and running.
Merchant Manager,Integrated Merchants Include,Papal, Secure Trading,World pay,Virtual SSL: This is available for free in ZenCart.
50 POP3/Email Accounts,SMTP/Outgoing Mail,Catch-All Email Account,Web Based Interface,Sit email,Unlimited Aliases/Forwarding,Auto Responders,1 FTP Account(s): This is all supported by IIS with built-in SMTP and FTP service, but I would upgrade to SmarterMail http://www.smartertools.com/
Firewall Protected: This depends on your network. Generally speaking, proper router setup and network intrusion detection should suffice.
Has anyone in the UK tried using their Maestro card in the U.S. as a MasterCard?
I know how Maestro Card and MasterCard work but the U.S. has an odd set up.
In the U.S. Debit cards with a MasterCard and Visa symbol can be used at least two way. A pin transaction and a signature transaction. Both methods come out of a chequing account.
Since a lot of Merchants in the U.S. don’t take the Maestro card. I was wanting to know if a Maestro debit card would work at merchants that takes just Mastercard and you would sign for your purchase. The U.S. does not have chip & pin.
Sorry if wrong category.
Yeah my exbf did when he came to America from England and it worked just fine – on the tellers (cash points) here it has Maestro card picture on it and all the other cards it takes. Not sure what you mean about not having pin we use our cards with a pin number all the time. Unless you mean for Maestro but that’s because we don’t have Maestro but our MasterCards do have pin to buy something. hope that helps! xxx
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How to set up a merchant account to accept credit cards without a personal guarantor?
All of our buisness’ equiptment and vehicles have been financed without personal guarantor. We would like to accept credit cards for our services, but will not put our personal numbers on the contract.
Some merchant account providers will allow you to use alternative forms of guarantees in place of a personal guarantee. These options include:
1) A corporate resolution – your business provides documents (balance sheets, third party prepared financial statements) that shows the business is strong enough to guarantee itself
2) Provide a letter of credit – a letter of credit basically is a loan that your bank promises to give you at a future date. The catch is you don’t get to ask for it. The processing bank does, They can only invoke it if you owe them money and they are unable to get those funds from you. It is like an insurance policy.
3) A reserve – the processing bank will hold some of your funds in reserve to cover any exposure for loss they might have. 6 months or so after you close your account they give it all back to you. They may give it back sooner if you have processed for along time and shown to be a low risk merchant.
Keep in mind not all processors offer these alternative although most offer at least one of them.
Where can I find people or merchants to join a new merchant account provider?
I know it’s hard to trust a new company. Especially when theres money involve. But I don’t know whre to find these people. Is there a site whre I can find them? I tried chat but they ignore me and boot me because of yahoos terms and conditions. Thank you in advance for your answers
No there’s no such site.
Soliciting for new merchant accounts is all about trust. Store owners and business people are not quick to transfer their merchant accounts from one vendor to another — because if your merchant account proves to be crap, then they cannot get all their sales from credit and debit cards.
You need to woo the customers. Let them know you. Sending unsolicited emails or even cold calling can lead to nowhere. Waste of energy
To get clients, say a restaurant, you need to talk to the owner. Visit the restaurant often. Chat with the owner regularly. Once they know you, ask to see their merchant account statement. Then make a proposal by showing them where they can save if they use your merchant account
For example, will you offer lower transaction fees? Are you removing fees such as monthly statement fees? How can they save by using your account
This is one of the hardest sales business to get into. It’s not easy. With all the NO SOLICITATION signs outside of businesses, it is hard to penetrate the owner. If you are a member of the chamber of commerce or other networking organizations where you’ve got contacts with other business owners, you’d do well.
But if you don’t know any business owner, and you have no patience or time to develop relationships, I suggest you find other sources of income
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How does an ebay store compare with a direct online “shopping cart” merchant system?
I am starting a business and want to sell online. I cannot decide between an ebay store and selling directly on my website accepting credit cards with a merchant account. Anyone have experience with these two options?
The difference is obvious, traffic. Ebay has the traffic, they have done a lot to get the traffic, by selling on ebay you use that traffic.
It’s like setting up a shop at a popular mall, you’ll get visitors.
Doing it on your own is like opening a shop in a part of town noone goes to, or opening up a shop in the middle of a field. It’ll take a lot more effort to get the traffic to come to you because it’s not naturally there.
I realize this isn’t what you’re looking for in an answer, but I thought I’d add it in.
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